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There’s more than one answer to these questions ~ Indigo Girls, “Closer to Fine” Those of you who have been reading Balance Junkie for a while know that my economic forecast is as follows: Cloudy with a Chance of Hurricanes. As such, I’m going to start with the assumption [...] Continue reading How to Manage Your Money in Uncertain Times It doesn’t matter how much milk you spill, just so long as you don’t lose the cow. ~ Mark Guilbeau “Fair is foul and foul is fair.” (Macbeth, Witches, Act I, scene i) The EU is the latest hero in the bailout bonanza. A paltry trillion dollars bought a rip-roaring short-covering rally on stock markets world wide yesterday. So why don’t I feel all better? Once again, we [...] Continue reading Financial Spilled Milk: Macbeth Meets Ponzi Truth is not determined by majority vote. ~ Doug Gwyn Update: This article was included in the Money Hacks Carnival #113 at Learn Save Invest. Thank you! This is the third and final post in our mini-series introducing some basic thoughts on capitalism. In the last installment we asked Is Capitalism Broken? Whether you think our economic system is fatally flawed, functioning well, or in need of some [...] Continue reading Capitalism: The Missing Links What we have in America is socialism for the rich and capitalism for the poor. ~ Gore Vidal Update: This article is included in the Carnival of Financial Planning #138. Thanks! In the inaugural installment of this series on capitalism, we introduced Capitalism’s 3 Children: owners, managers, and employees. All of them have key roles to play in the success of our economy. But, like any group of [...] Continue reading Is Capitalism Broken? We live in a world in which politics has replaced philosophy. ~ Martin L. Gross, A Call for Revolution, 1993 Update: This article was featured in the Carnival of Financial Planning #137 posted at The Skilled Investor. Thank you! What’s the difference between politics and philosophy? It seems to me that philosophy is about searching for the truth. Politics is more about proving that your version of the [...] Continue reading Capitalism’s 3 Children |
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